Main Street Registry

Louie Rosado Associates, Inc

Altamonte Springs, FL · Furniture Merchant Wholesalers · NAICS 423210

Louie Rosado Associates, Inc is a furniture merchant wholesaler located in Altamonte Springs, Florida. The business was financed with an SBA 7(a) loan for a change of ownership of $1.86 million, approved by Gulf Coast Bank and Trust Company with an approval date of June 23, 2026.

SBA 7(a) loan, change of ownership, approved Jun 23, 2026

$1,864,000 approvedLender: Gulf Coast Bank and Trust Company10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,864,000
SBA-guaranteed amount
$1,398,000 (75% of the approval)
Lender
Gulf Coast Bank and Trust Company, New Orleans, LA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
June 23, 2036 (estimated, approval date plus term)
Estimated monthly payment
$24,120 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
5
Business type
Corporation
NAICS
423210, Furniture Merchant Wholesalers
Project location
Seminole County, FL
SBA district office
North Florida District Office
Congressional district
FL-07
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 58% of acquisition loans in Furniture Merchant Wholesalers on this site.
  • Average acquisition loan in Furniture Merchant Wholesalers: $2,056,542.
  • Average acquisition loan in Florida: $1,808,559.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Florida